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lonercapitalist
Sep 16, 2021 1:32 AM

Wayfair is bullish Long

Wayfair Inc.NYSE

Description

Unsure of where we are in the pattern but this stock has completed a WXY correction with waves W:Y being 1:1. The pattern seems to be angling higher. Based on wave ratio, it is likely to hit at least 950 dollars over the next yr or so.

Comment

idea invalidated for now

Comment

It's likely still bullish but the corrective pattern would be a triangle with a throwover wave 5, rather than a WXY. Watching closely.

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Comments
linknero
I think it can be bullish too, the downtrend is losing momentum
lonercapitalist
@linknero idea invalidated for now
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